Live Update

Monday, August 2, 2010

08/02/2010 After Bell Quick Summary

The bottom line, the short-term trend is now officially up to me, but I hold no short-term long position overnight.

For tomorrow, slightly bearish as NYADV closed above 2600 again. Also because today is a Major Accumulation Day (NYSE Up Volume to NYSE Down Volume >= 9) so statistically, any gap tomorrow no matter up or down, will very likely get filled on the same day, so no matter you’re bull or bear, no hurry in making decision until tomorrow.


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